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Amarin Corporation plc Message Board

  • powershares powershares Nov 17, 2012 6:18 AM Flag

    Jefferies Note on OB

    Amarin (AMRN, Buy, PT $28) – expect NT vol through end of month – today’s weakness stemming from orange book update for October – still no decision on 3 or 5yr exclusivity. This leaves an important uncertainty factor which investors believe is important for a potential pharma valuation. May announce a sales force build by the end of the month in preparation for potentially launching the drug on their own. We would expect AMRN to host a press release and/or conference call on sales force plans by the end of Nov.

    Sentiment: Strong Buy

2.380.00(0.00%)10:21 AMEDT